CA. A. Kumar
This Query has 6 replies

This Query has 6 replies

24 June 2008 at 15:47

FINANCIAL MANAGEMENT

HI,
What are the ratios which are considered for analysis of COMPANY'S BALANCE SHEET . Also which ratios help in analysing the strength of the company from its BALANCE SHEET for marger/acquisiton purpose.Hoe We analyse Balance Sheet of the company.


Anil
This Query has 2 replies

This Query has 2 replies


Regarding above I would like to know:


In a Retail industry:


1)When the barcode reader reads the data from the product and bill print out taken – does the data get automatically updated in Accounting Package?


2)Most customers pay by credit card. At the end of the day does the accountant takes the printout of the bank statement and manually matches the amount received with each bill raised by him?


3)How do entries appear in bank statement when the payment is received by credit card? Do they appear net of bank charges or the total sale amount collected is shown?


4)How will the accountant come to know from the bank statement that the amount is collected using customer’s DEBIT card or CREDIT card?


Please answer questionwise. Thanks.


manoj agrahari
This Query has 1 replies

This Query has 1 replies

23 June 2008 at 12:34

account maintane accruval basis

My client garments business .he purchase of good kanpur. purchase invoice date 20.06.08 & goods received 24.06.08.accounting entry kis date me karege .pls tell me urgentaly.

2- my client gold jewellary business 24k gold purchase from kolkata & macking 22k jewellary made kolakata.sapose 24k gold purchase 10.06.2008 & macking jewellary 20.06.2008 .macking jewellary received 23.06.2008 varanasi shop & received godds intimation vat department 24.06.2008 in 31 form. accounting entey kis date me karege pls tell me .urgently


Deepak
This Query has 3 replies

This Query has 3 replies

23 June 2008 at 12:15

capital or revenue

Sir,
1.A sea going ship replaces its hull(engine)due to mechanical failure.the ship has been accounted as a single asset along wiith the engine, in the fixed asset register.the engine is of same capacity as the earlier one. should the the expenditure be treated as capital or revenue? will the treatment differ if the engine is of enhanced capacity?
2.A car parking shed is constructed attached to a building and is integral part of the building. if the building is demolished the shed will loose its utility value and has also to be demolished. hence it has the same life as that of the remaining life of the building.the capacity of the building is increased as it is able to provide parking facility which it did not have earlier.should the the expenditure be treated as capital or revenue?


manoj agrahari
This Query has 3 replies

This Query has 3 replies

21 June 2008 at 19:03

date of entry

my client business of marbal& tiles etc.purchase from rajsthan purchase bill 28.03.08. purchase goods UP bordar cross 01.04.08 & entry in 31 form 01.04.08. purchase goods received 03.04.08.
accounting entry kis date me pass karege.pls tell me urgently


Deepak
This Query has 5 replies

This Query has 5 replies

21 June 2008 at 16:36

capital or revenue

A school building which is 20 years old replaces all its corroded mild steel windows to aluminium sliding windows of better quality and easier to operate than the old windows.whether this expenditure should be charged to capital or revenue?


CA.Satinder Pal Singh
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 12:48

Project Report

Any expert plz provide me sample project report of a petrol pump/filling station for term loan and working capital assessment.

email id is satindercacs@yahoo.com


CA Manoj kumar
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 12:17

Related to AS-20

In my organisation, Received 60crores on against of Preference share but no idea about number of share and rate because our comopany has issue IPO as on 2009. But statutory auditor demands the calculation of Basic and Diluted earning per share.
Can any one suggest me how can calculate Diluted earning per share as per AS-20.
Please also give the idea about computation as soon as possible.


jatin arora
This Query has 3 replies

This Query has 3 replies

20 June 2008 at 12:09

acconting standards

can you explain the issues which leads to introduction of accounting standard 30?states the issues also?


harshit
This Query has 2 replies

This Query has 2 replies

our company have own land & develop that land to construct flats and sale to customers, i.e basic aim

now constructin started initial expenditure booked like

development authority charges
development soil investigation
development archtech fee
the above expenditure transferred to WIP account this was correct or not?

now construction expenditure like purchase of cement, metal, steel, sand all are booked under which head total 6 phases construction was started phase wise expenditure booked total expenditure first booked under WIP after that how the expenditure transferred to P& L Account and what is the procedure for revenue recognition?

please help sir- what is the accouting procedure and which expenditue goes to WIP and wich expenditure goes to P & L account?
please suggest me sir





CCI Pro
Meet our CAclubindia PRO Members


Follow us



Answer Query